To maximize their effectiveness, shade cases should be printed in colour. In 2007, HOYA of Japan must determine whether to shift its exchange offer that is friendly for Pentax into a cash tender offer that is hostile.
An astonishing sequence of events had caused a friendly merger agreement to fall apart, causing a boardroom coup at Pentax and the intervention of the Sparx Group, an indigenous activist Japanese hedge fund. The case raises issues about takeover price strategies, corporate governance, shareholder activism, corporate valuation, and the Japanese market for corporate control.
PUBLICATION DATE: March 09, 2009 PRODUCT #: 209065-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING